Race Oncology announces deal with manufacturer Ardena to develop company̢۪s new IV formulation RC220
July 19, 2023 at 12:54 pm EDT
Share
(via NewsDirect)
Race Oncology CEO Damian Clark-Bruce joined Steve Darling from Proactive to share significant news about the company's recent agreements and partnerships.
Firstly, Race Oncology has signed an agreement with Ardena Holding, a global contract development and manufacturing organization. This collaboration will provide additional Good Manufacturing Practice -standard manufacturing capability for its flagship IV formulation of bisantrene, RC220. Ardena is a fully integrated CDMO known for its expertise in assisting biopharma companies throughout the drug development life cycle, including the production of sterile injectable products for clinical development.
Clark-Bruce further explained to Proactive that this partnership with Ardena strengthens Race Oncology's existing manufacturing programs, as it establishes a primary source for EU-compliant supplies of RC220. This is particularly important for EU clinical studies, ensuring the availability of high-quality, GMP-compliant formulations of RC220.
Additionally, Clark-Bruce shared news about an exclusive license agreement with City of Hope, a prominent US cancer research and treatment organization. Through this agreement, Race Oncology gains access to City of Hope's intellectual property, which highlights bisantrene as a potent inhibitor of the human fat mass and obesity-associated protein. This discovery opens up new possibilities for exploring the therapeutic potential of bisantrene beyond its established use as an anti-cancer agent.
Contact Details
Proactive Investors
+1 604-688-8158
na-editorial@proactiveinvestors.com
Copyright (c) 2023 TheNewswire - All rights reserved.
Copyright (c) 2023 TheNewswire - All rights reserved., source Press Releases
Race Oncology Limited is an Australia-based clinical-stage biopharmaceutical company. The Company is focused on improving the lives of cancer patients around the world by developing a novel approach to both treating the cancer and protecting the heart. Its lead asset, bisantrene, is a small molecule chemotherapeutic. Bisantrene has a clinical history with demonstrated therapeutic benefits in both adult and pediatric patients, and compelling clinical data demonstrating an anticancer effect and less cardiotoxicity over certain anthracyclines, such as doxorubicin. It is advancing a reformulated bisantrene (RC220) to address the high unmet needs of patients across multiple oncology indications, with a clinical focus on anthracycline combinations. It is also exploring RC220 as a low intensity treatment for acute myeloid leukaemia.